Background Image
Table of Contents Table of Contents
Previous Page  183 / 384 Next Page
Information
Show Menu
Previous Page 183 / 384 Next Page
Page Background

179

UEM EDGENTA BERHAD

2016 ANNUAL REPORT

ABOUT

UEM EDGENTA

STRIVING

FOR GROWTH

PERFORMANCE

REVIEW

CORPORATE

FRAMEWORK

LEADERSHIP

SUSTAINABILITY

STATEMENT

TRANSPARENCY

FINANCIAL

REVIEW

ACCOUNTABILITY

I N D E P E N D E N T

AUDITORS’ REPORT

to the members of UEM Edgenta Berhad

(Incorporated in Malaysia)

REPORT ON THE AUDIT OF THE FINANCIAL STATEMENTS

Opinion

We have audited the financial statements of UEM Edgenta Berhad, which comprise the statements of financial position as at

31 December 2016 of the Group and of the Company, and the income statements, statements of comprehensive income,

statements of changes in equity and statements of cash flows of the Group and of the Company for the year then ended, and

notes to the financial statements, including a summary of significant accounting policies, as set out on pages 187 to 349.

In our opinion, the accompanying financial statements give a true and fair view of the financial position of the Group and

of the Company as at 31 December 2016, and of their financial performance and their cash flows for the year then ended

in accordance with Financial Reporting Standards and the requirements of the Companies Act, 1965 in Malaysia.

Basis for opinion

We conducted our audit in accordance with approved standards on auditing in Malaysia and International Standards on

Auditing. Our responsibilities under those standards are further described in the

Auditors’ responsibilities for the audit of the

financial statements

section of our report. We believe that the audit evidence we have obtained is sufficient and appropriate

to provide a basis for our audit opinion.

Independence and other ethical responsibilities

We are independent of the Group and of the Company in accordance with the By-Laws (on Professional Ethics, Conduct

and Practice) of the Malaysian Institute of Accountants (“By-Laws”) and the International Ethics Standards Board for

Accountants’ Code of Ethics for Professional Accountants (“IESBA Code”), and we have fulfilled our other ethical

responsibilities in accordance with the By-Laws and the IESBA Code.

Key audit matters

Key audit matters are those matters that, in our professional judgement, were of most significance in our audit of the

financial statements of the Group and of the Company for the current year. These matters were addressed in the context of

our audit of the financial statements of the Group and of the Company as a whole, and in forming our opinion thereon, and

we do not provide a separate opinion on these matters. For each matter below, our description of how our audit addressed

the matter is provided in that context.

We have fulfilled the responsibilities described in the

Auditors’ responsibilities for the audit of the financial statements

section

of our report, including in relation to these matters. Accordingly, our audit included the performance of procedures designed

to respond to our assessment of the risks of material misstatement of the financial statements. The results of our audit

procedures, including the procedures performed to address the matters below, provide the basis of our audit opinion on

the accompanying financial statements.